As it stands right now, individual states are free to prohibit or practice gambling of their borders while significant rules and limits are placed on interstate which activity. In recent years, online gaming has seen harsher restrictions. With the Unlawful Net Gambling Enforcement Act of 2006 (UIEGA), it had been not explicitly banned but rather it was online financial transactions which were outlawed. This meant that all online financial transactions from gambling service providers were now illegal which resulted in several offshore gambling operators excluding US customers from their services.
Existing in this lawful grey area, it is no longer a dilemma of if online gambling will enter into the US market but when and perhaps how. As recently as this month, three states have legalized online gambling and intend to begin offering bets by the end of this year. Naturally, a gaming company in Las Vegas referred to as Ultimate Gaming was the first to offer online poker but for now restricting it to only players in Nevada. NJ and Delaware also have legalized online gambling therefore far ten other states are considering legalizing it in some form or another.
Frank Fahrenkopf, president of the American Gambling Association has said that “Unless there exists a federal bill passed, we will have the greatest expansion of legalized gambling in the usa. I don’t think that’s what anyone intended, but it is what we’re finding.” This poses a lot of questions and of course concerns for most existing commercial casinos together with American policy makers. UFABET Will legitimate online gambling mean fewer folks in offline casinos? Will this develop a new source of revenue at hawaii and national level? What about taxes and regulations? A rise in gamblers?
Lots of people including Arnie Wexler, past chairman of New Jersey’s Council On Compulsive Gambling features voiced concern that with the good this could do to generate income and revenue for specific states there could be problems with a rise in compulsive gambling. There is particular concern regarding social media marketing in the US as some areas like Zynga have previously begun taking real-money bets.
Taking in mind all the questions and concerns, many resort casinos are already making plans to broaden into online gambling to check their actual physical casinos. Geoffrey Stewart, general office manager of Caesars INTERNET POKER has said “Like any business, you’re always searching for what is another distribution channel.”
